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$23,000 USD

Woodbuds

woodbuds.com

Appears in Fashion and apparel , Inventory, United Kingdom, Harrogate, Business and Franchises under $50,000, Medium Business, Established stores, Highly Profitable businesses

General description

Introducing Woodbuds, the original wood earphones. Woodbuds design combines real wood, superior sound quality, premium comfort, available in six bold colours. We have a range of earphones shipping worldwide.

Having launched in late 2013, our brand and website attracted a lot of press and social following - attracting over 1,000 customers and $30K revenue in 18 months.

Our earphones were stocked for a limited time only in Liberty London, along with NotontheHighStreet with 5 star reviews.

The deal includes the sale of our website, trademarks, domain names, brand assets, supplier relationships (factories, packaging etc) and circa $2k of stock (retail value).

Please note, the sales shown here on Shopify's listing do not include our sales through NotontheHighStreet additional retail partners and marketplace sales. The accurate total sales and YoY growth can be shared in due course.

We want the business to go to someone who will continue with the high quality of service, design and ambition from where we stared.

This is a great opportunity for anyone who has an existing ecommerce operation, to add a well developed brand, product and customer base.

Financials and traffic

Past sales revenue and profit has been far greater than the past 18 months demonstrate. We are now only carrying a single product rather than a range of 5 earphones, plus our Wooden iPhone cases which sold out in 3 months.

If the business was given the support and drive required to grow sales would quickly increase to circa $40K

Average profit/month

$300 USD

Average overall profit margin

60%

Average number of sales/month

10

Value of inventory

$3,000 USD

Recent revenue

$29,229.00 USD

Recent traffic

62,041 Sessions

Revenue and traffic data from this graph is calculated by Exchange and can not be edited by the seller. Average profit, profit margin and number of sales are provided by the seller. Learn how Exchange calculated this data.

Business Expenses

Very little running costs currently, both packing and fulfilment done in house, managed by a team of two in just a few hours a week.

Expense item

Cost

Shopify plan

$30.00/month

Inventory warehouse

$12.00/month

Domain

$1.00/month

Inventory

Only White & Pink earphones remaining in stock

Located in Leeds

Willing to ship inventory

Willing to transfer relationships with suppliers

What’s included in the sale

  • Physical inventory
  • Logo and branding assets
  • Social media accounts
  • Personal support after sale
  • Domain
  • Product photos

Social Media

Facebook

woodbuds

Instagram

woodbuds

Twitter

woodbuds

Mailing list

2,000 subscribers

Social media followers

15,000 people

Q & A

Why should someone buy this store?

This store represents a superb opportunity for someone to scale an already successful and profitable business. Woodbuds has a well established presence, strong branding and positioning in the market. The business is ready to take over straight away and comes with established suppliers.

We have developed a strong social media and Organic SEO position which ranks us high in Google listings, so traffic remains string despite little input over the last 24 months.

The sale includes our site, the branding assets, trademarks, domains, packaging designs, product designs, iPhone case designs, social handles and goodwill of customers and suppliers with remaining stock.

A great add-on for anyone with an existing ecommerce operation looking to take on another in-house brand and storefront.

How can the future owner improve the business?

Initially re-stocking the inventory this would increase sales immediately.

Further scope would be to add new products, develop a wider range, activate / re-engage marketing efforts across both email and social campaigns, thus increasing awareness, sales and capitalise on the brand that has been developed with new retail partners.

What work have you put into the store?

Approx 6 years of branding, digital marketing, SEO best practice, photography, social media, paid advertising along with the packaging and product design.

How many hours does it take to run this business per week?

3 hours

$23,000 USD

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